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Search Results 0 to 13 of about 14 (some duplicates have been removed)
, it was -- it was -- we were in a full recovery mode. but it was way too late to save george h.w. bush. >> greta: i don't know how there could be a recovery between now and november by simple indicators, for instance, we are borrowing money, the interest rate is as low as you can get, you can't loosen up money. there are certain indcaishts where i don't know where the margins, where the president's going to see breathing room. have you problems in europe that are not getting better that have an enormous influence on the economy. nonetheless, he's the president and he gets stuck with it. i don't know -- i don't see any indicator in the economy that will help him enormously. >> i don't think we will have a strong rebound between now and election day. but the only point i was trying to make, even if we did, sentiment may have begun to turn in such a way that it's too late. >> greta: is there one ethnick group or demographic, which is key to the independent vote right now? >> well, no. i don't know how -- i couldn't possibly slice up the independent vote and tell you, you know, what its ethnic composition
sense. but the top marginal rate was 39 when president george w. bush came in. cut to 35. i think if we get good deficit reduction, bringing it to 35, i think that helps the economy. >> greta: looking at that and i want to talk to you about health care. but i am curious about the tax question, i see it in the health care and the tax are targeted at a certain economic strat a. i am curious, how much additional revenue -- if you know -- will be in the treasury if the taxes go up as to people who make $250 thrnd or more i. income tax or the health care? >> greta: income. >> the income over a 10- >> greta: one-year period? >> with 10, it's $3... $150 billion for one year. >> greta: one year. i did a little research. that's about -- it costs $10 billion a day to run the federal government. so that's a 15-day, you are asking for 15 days. >> it's a drop in the bucket. here's some other things. we should find a way to fairly restrain entitlement spending, this is a personal view. i think that medicare benefits should not vest until later for younger workers, i would say that if a person's under
action forum and was the congressional budget office director under president george w. bush. nice to see you, sir. >> nice to be here. >> greta: how bleak is this? >> this is a very, very big threat to the u.s. economy. the fiscal cliff itself is a combination of $400 billion in increased taxes, $200 billion in spending cuts. that combination $600 billion is about 4% of gdp. 4% of the national income. since we are only growing at 2% it doesn't take a genius to realize if you drop that kind of hit on it the economy will go into a big recession. >> greta: when do you predict, let's say that the tax cuts are not extended when did you you predict we are going into the horrible recession although many people think we are still in one. >> the concern is we are growing at 1.5%, 2% anded is taxes going from 15 to 45%. businesses looking at big increases in the classes. middle class is going to see their taxes go up with the alternative minimum tax. as the fall progresses we will see worse and worse economic performance and bear the brunt of the fiscal cliff in advance and i worry about that a lo
? here's a wonderful personal friend and advise for for george w. bush, dick morris. thanks are for being here. >> you her his comments and from your experience in the different administrations you worked in, is there any date between what he said and stated u.s. policy? >> no, i think it was a very clear statement of what has been u.s. policy under president bush and president obama. he, of course, said that when he was overseas he would not try to pick a fight with president obama's foreign policy but would try to be supportive and i think he was true to his word. i thought it was a very clear explanation what have we are trying to do, which is to put pressure on the iranian regime so they will give up this effort to get a nuclear weapon, and to convince the iranian people that it is the policy of this regime in pursuing nuclear weapons that is the result of all the pain that they are suffering. that's been u.s. policy, and i think the governor articulated it very clearly. >> one of the things that you used to tell me is that the worst thing you can do is put a president in a position o
george w. bush, also served as the u.s. trade rep, served in the house of representatives as well. knows his way around washington. i think he would be a great asset for governor romney. >> greta: thanks you. >> thank you. >> governor mitt romney's world tour. how is he doing on the world stage? john bolton goes "on the record" next. karl rove is here. president obama and governor romney are running neck and neck. what will be more important isn't candidate's likeability or the ability to manage the economy? that's a tough question. karl rove answers that and much more. and it's the story of the three bears that you have never seen. what happened to these cubs? and how did they get out of a big jam? it's all caught on camera. [ femr kids are getting a dependable clean in the bathroom? [ gasps ] think again. try charmin ultra strong for a clean with few pieces left behind. its diamondweave texture is soft and more durable so it holds up better for a more dependable clean. fewer pieces left behind. charmin ultra strong. every communications provider is different but centurylink is committe
Search Results 0 to 13 of about 14 (some duplicates have been removed)